finance.yahoo.com Market update
Robinhood Raises $225.5 Million to Put Retail Money Into Startups
This article first appeared on GuruFocus. Robinhood Markets (NASDAQ:HOOD) launched its second venture fund, listing Robinhood Ventures Fund II (RVII) on the NYSE after pricing 8 million shares at $25 each. The company said the offering raised $225.5 million. Robinhood shares were up 3.94% intraday. The fund buys early-stage and growth-stage private companies, concentrating on current and former …